Air Costa places $2.9 bn order for 50 jets with Embraer

• Vijayawada based airline Air Costa signed an agreement for 50 Embraer Jets E2s. 
• Embraer is Brazil  based and this deal has an estimated value of 2.94 billion dollar.
• Embraer S.A is the world's largest manufacturer of commercial jets up to 130 seats and is one of Brazil's leading exporters.
• The release said that Air Costa has become the first customer of E-Jet E2s in the Indian market and will take delivery of the E190-E2 in 2018 and the E195-E2 is scheduled to enter service in 2019. 
• Air Costa's E2s will feature new-design cabins with an even higher standard of comfort and more personal space. 
• The E190-E2 will be configured with 98 seats in dual class layout, with six seats in first class, and the E195-E2 with 118 seats, with 12 seats in the first class. 
• Currently, the airline flies four E-jets including two E170s and two E190 connecting cities in southern India such as Bangalore, Chennai, Hyderabad and Vijayawada, as well as key secondary cities in the North and Northwest of the country. 
• The airline plans to link underserved markets with more direct flights, increasing frequencies and routes, thus serving growing metropolitan areas, as well as key secondary and tertiary business centres.